Not JPMorgan, Not Bank of America — SoFi Tops Forbes Best Banks List In The US

SoFi shares are down ~39% year-to-date despite a 75% gain over the past year, and have fallen over 11% in the past month. The data points highlight elevated short-term volatility for the fintech stock and likely shifting investor positioning, which may move the stock significantly but has limited broader market implications.

Analysis

SoFi shares are down ~39% year-to-date despite a 75% gain over the past year, and have fallen over 11% in the past month. The data points highlight elevated short-term volatility for the fintech stock and likely shifting investor positioning, which may move the stock significantly but has limited broader market implications.